1. What are the main stages of the Product Life Cycle?

2. During which stage are sales typically at their highest?

3. Which of the following best describes the Introduction stage?

4. In which stage do competitors usually start entering the market?

5. At what stage does the product face the risk of becoming obsolete?

6. Which of the following is a key strategy during the Growth stage?

7. What is the main objective during the Maturity stage?

8. Which of these is a characteristic of the Decline stage?

9. Why are profits usually low during the Introduction stage?

10. What strategy can be used during the Decline stage?

11. Which of the following is not a reason for product decline?

12. What is the goal during the Introduction stage?

13. During which stage does customer feedback become very important for product improvement?

14. Which pricing strategy is common during the Introduction stage?

15. What does the Product Life Cycle help businesses to do?

16. Which stage often requires businesses to innovate or modify the product to stay competitive?

17. During which stage might a company stop investing in promotion?

18. What is a common marketing goal in the Maturity stage?

19. A product that has been on the market for many years but still has strong sales is most likely in which stage?